Additive Manufacturing (3D Printing) Industry in USA to grow to $27 B by 2023

reogma|Additive Manufacturing (3D Printing) Industry in USA to grow to $27 B by 2023

Nearly 64.4% of the commercial units of AM systems sold in 2019 around the globe were made by the top producers based in the US.

Although, the penetration level of the technology in the country lies at 5% at present, it is forecasted to reach 50% between 2031-2038 and further 100% between 2058-2065 respectively.

  • Definition / Scope
  • Market Overview
  • Key Metrics
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Additive manufacturing (AM), also known as 3D printing, refers to a group of technologies that create products through the adding of materials (typically layer by layer) rather than by subtraction (through machining or other types of processing).

Additive manufacturing is one of the most revolutionary technology in the field of manufacturing and it has continued to be so for the past 5-10 years. Initially, the technology was positioned to be viable for consumer market, however, more lately it has evolved into industrial manufacturing solution.

The additive manufacturing solutions are generally deployed in following categories:

Hardware manufacturers: These include products such as polymers, desktop, metals and electronics. As more companies are searching for ways to incorporate AM into their production, hardware manufacturers are also meeting demand with high quality printing systems which are faster and accurate.

Among different products, polymer systems are growing the most where companies offering machines that produce high-quality polymer parts are evolving rapidly.

Software vendors: These include services such as design & CAD workflow and security. Software landscape has transformed since last few years and is mostly dominated by design & simulation categories.

Design is an indispensable part of AM where the technology offers possibility of creating complex geometries with traditional manufacturing methods which has given rise to advanced design tools like generative design & topology optimization.

Raw-material providers: Polymers, composites & metals are some of the printable materials where most of the players in the market are operating. At present, the cost of material is high which is why there is less competition in this space.

Among the printable materials, polymers & composites are the largest segments and with most developments happening.

Post-processing system manufacturers: Although this is the smallest segment of AM in manufacturing, it is also the most active segment. It involves post-production step for multiple 3D printing processes, and these processes are typically manual and time-intensive.

Most of the companies operating in this space are providing three different types of solutions: automated surface finishing technology, removal solutions & high-volume finishing solutions.

reogma|Additive Manufacturing (3D Printing) Industry in USA to grow to $27 B by 2023


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Sun Jul 21 , 2019
Nearly 64.4% of the commercial units of AM systems sold in 2019 around the globe were made by the top producers based in the US. Although, the penetration level of the technology in the country lies at 5% at present, it is forecasted to reach 50% between 2031-2038 and further […]
reogma|Additive Manufacturing (3D Printing) Industry in USA to grow to $27 B by 2023reogma|Additive Manufacturing (3D Printing) Industry in USA to grow to $27 B by 2023

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